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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11297.90 -41.94
NASDAQ: 2134.66 -15.36
S&P 500: 1292.99 -5.83
AMEX: 2001.21 -7.27
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks fall for a third straight session
Wall Street fell for a third straight session Wednesday, as fresh signs of a
housing slump triggered concern the economy is slowing too fast and could erode
corporate profits.
http://msnbc.msn.com/id/3683270/
Existing home sales slump in July
Sales of previously owned homes plunged in July to the lowest level in 2 1/2
years and the inventory of unsold homes climbed to a new record high, fresh
signs that the housing market has lost steam.
http://msnbc.msn.com/id/14481645/
Creating offices with ambience
Hearst, BP and Fidelity Savings are just a few of the latest companies to
buy into a larger trend of transforming run of the mill offices into stylish
working environments.
http://msnbc.msn.com/id/14349547/
Weyerhaeuser, Domtar ink paper deal
Weyerhaeuser Co., one of the nationâ?Ts largest forest product companies, said
Wednesday it has agreed to combine its fine paper business with the Canadian
paper maker Domtar Inc. in a deal it valued at about $3.3 billion.
http://msnbc.msn.com/id/14471078/
IBM to acquire Internet Security Systems
IBM Corp. said Wednesday it will spend $1.3 billion in cash to acquire Internet
Security Systems Inc., which performs network monitoring and analysis services
for companies.
http://msnbc.msn.com/id/14482359/
Ford soars on news CEO courting Ghosn
Shares of Ford Motor Co. surged Wednesday, following a report that Chairman and
Chief Executive Bill Ford had approached Nissan-Renault CEO Carlos Ghosn about
joining the global alliance.
http://msnbc.msn.com/id/14480731/
Indian states reiterate soft drink ban
Several Indian states on Wednesday insisted they would continue to ban the sale
of Coca-Cola and PepsiCo soft drinks even though the federal Health Ministry
dismissed allegations that the beverages contained pesticide residues.
http://msnbc.msn.com/id/14481316/
India disputes soft drink research findings
Indiaâ?Ts Health Ministry on challenged data from a private research body that
found high levels of pesticide contamination in soft drinks sold by Coca-Cola
India and PepsiCo India.
http://msnbc.msn.com/id/14478100/
Former Wall Street banker settles criminal case
Former star banker Frank Quattrone reached a deal with the government Tuesday
that allows his criminal case to be dismissed without a third trial.
http://msnbc.msn.com/id/14466237/
New 401k plan rewards you for doing nothing
For those overwhelmed into inaction by the prospect of completing 401(k)
enrollment forms, Congress just intervened. With last weekâ?Ts signing of the
Pension Protection Act of 2006 it sanctioned what is called the automatic
plan contribution.
http://msnbc.msn.com/id/14467498/
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